The Board of Supervisors Land Use and Transportation Committee has approved a resolution advocating for private developers to build market-rate housing and commercial projects on public land. Despite concerns about displacement and community impacts, proponents argue that revenue generation for Muni is essential given its structural deficit. The committee's action comes with calls for prioritizing non-market housing and caution against private profit on public land, emphasizing a need for alternative revenue solutions to support affordable housing initiatives.
"It's an issue of generating income," she said. As for affordable housing, "that subsidy should come from somewhere else."
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